Canadian Natural Resources Limited (CNQ) Insider Betty Yee Sells 750 Shares
Canadian Natural Resources Limited (TSE:CNQ) (NYSE:CNQ) insider Betty Yee sold 750 shares of the business’s stock in a transaction on Tuesday, July 11th. The stock was sold at an average price of C$37.46, for a total value of C$28,095.00.
Canadian Natural Resources Limited (TSE:CNQ) traded up 1.05% during midday trading on Monday, reaching $37.46. The company’s stock had a trading volume of 296,541 shares. The stock’s 50-day moving average price is $39.36 and its 200-day moving average price is $41.42. Canadian Natural Resources Limited has a 12 month low of $35.90 and a 12 month high of $46.74. The firm has a market capitalization of $41.85 billion and a price-to-earnings ratio of 283.79.
The company also recently disclosed a quarterly dividend, which was paid on Saturday, July 1st. Investors of record on Friday, June 16th were issued a dividend of $0.275 per share. The ex-dividend date of this dividend was Wednesday, June 14th. This represents a $1.10 annualized dividend and a dividend yield of 2.97%.
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CNQ has been the subject of a number of analyst reports. Barclays PLC cut their price target on Canadian Natural Resources Limited from C$52.00 to C$50.00 in a report on Wednesday, April 19th. Royal Bank Of Canada reaffirmed a “top pick” rating and issued a C$60.00 price objective on shares of Canadian Natural Resources Limited in a research report on Friday, April 21st. Finally, TD Securities lifted their price objective on Canadian Natural Resources Limited from C$50.00 to C$54.00 and gave the company a “buy” rating in a research report on Monday, June 5th. Seven investment analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company. The company currently has an average rating of “Buy” and a consensus price target of C$51.00.
Canadian Natural Resources Limited Company Profile
Canadian Natural Resources Limited is an independent crude oil and natural gas exploration, development and production company. The Company’s segments include Exploration and Production, Oil Sands Mining and Upgrading, and Midstream. The Exploration and Production segment includes exploration, development, production and marketing of crude oil, natural gas liquids (NGLs) and natural gas.
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